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Exxon Mobil Corp XOM

Alternate Symbol(s):  N.XOM

Exxon Mobil Corporation is an international energy and petrochemical company. The Company’s primary businesses include exploration for, and production of, crude oil and natural gas; manufacture, trade, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. Its segments include Upstream, Energy Products, Chemical Products, and Specialty Products. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products, and Specialty Products segments manufactures and sells petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consists of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins.


NYSE:XOM - Post by User

Bullboard Posts
Post by bc4uon Feb 20, 2013 11:47pm
165 Views
Post# 21020519

Gina McCarthy emerging as likely pick for EPA chie

Gina McCarthy emerging as likely pick for EPA chie

Gina McCarthy emerging as likely pick for EPA chief

By Ben Wolfgang
The Washington Times
Wednesday, February 20, 2013

While no official announcement has been made, speculation is swirling around Gina McCarthy as the White House’s pick to head the Environmental Protection Agency.

Multiple media reports have in recent days portrayed Ms. McCarthy, currently assistant administrator for EPA's Office of Air and Radiation, as the clear front-runner to be the next EPA administrator. She would replace Lisa Jackson, who held the post for the last four years but oversaw a period when the agency’s scientific credibility hit an all-time low among congressional Republicans and many in the oil, gas and coal industries.

Filling the EPA job is especially important for the Obama administration after the president’s recent pledge to confront climate change in his second term. The agency has played a key role in previous White House efforts to reduce greenhouse gas emissions, most notably taking the lead in dramatically raising auto fuel efficiency standards.

EPA regulations also have resulted in an effective ban on, among other things, new coal-fired power plants. Critics do not expect anything to change under a McCarthy-led agency.

“The EPA will continue it’s anti-fossil fuel crusade undeterred, and the administration will continue to avoid normal democratic means to legislate the president’s climate change agenda through the regulatory agencies,” said Benjamin Cole, spokesman for the American Energy Alliance, a conservative energy think tank.
But environmental groups likely would applaud the pick, as it would signal that the White House will make air pollution and carbon emissions a high priority over the next four years.

Before coming to the EPA, Ms. McCarthy served as commissioner of Connecticut’s Department of Environmental Protection.

https://www.washingtontimes.com/news/2013/feb/20/gina-mccarthy-emerging-likely-pick-epa-chief/

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